Elon Musk, No. 1:25-cv-00105 ... According to the SEC’s complaint, Musk saved at least $150 million at the expense of Twitter shareholders by failing to timely file the beneficial ownership report. Congress enacted the beneficial ownership reporting requirements to, among other things, help investors make informed investment decisions by ...

Sep 29, 2018 · The Securities and Exchange Commission announced today that Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc., has agreed to settle the securities fraud charge brought by the SEC against him last week.

Oct 5, 2023 · The Securities and Exchange Commission (“SEC”) announced that it has filed an application seeking an order directing Elon Musk (“Musk”) to comply with an investigative subpoena calling for his appearance for testimony, with which Musk failed to comply.

Jan 15, 2025 · The US Securities and Exchange Commission sued Elon Musk on Tuesday for allegedly failing to properly disclose his ownership of X, then known as Twitter, as required by federal law, which allowed ...

Jan 14, 2025 · The SEC alleged that Musk violated federal securities laws when he amassed more than $500 million in shares of Twitter -- later renamed X -- without properly disclosing his stake in the company, allowing him to purchase the social media company at "artificially low prices," the lawsuit stated.

Jan 15, 2025 · The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.

Jan 15, 2025 · The Securities and Exchange Commission on Tuesday filed a lawsuit against Elon Musk, alleging the X owner misled shareholders about his Twitter stock purchases in 2022.

Jan 14, 2025 · U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion purchase of Twitter, now called X.

Jan 15, 2025 · In an 11-page complaint, the SEC alleged that billionaire Musk failed to properly disclose that he had acquired a major stake in Twitter in 2022. The SEC said that by doing so, he was able to...

Dec 13, 2024 · Elon Musk is facing a demand to pay a fine of an undisclosed amount or face charges from the Securities and Exchange Commission. Elon Musk apparently has one last battle to wage with outgoing...